Question

The population of a town increased from 1,75,000 to 2,62,500 in a decade. The average percent increase of population per year is:

Answer 1

Increase in the population in a decade = 2,62,500 - 1,75,000 = 87,500

Percentage increased in a decade = (87,500/1,75,000) x 100 = 50%

Average increase in population per year = 50%/10 = 5%